Contract Specialist

NJ Transit
Newark, NJ Full Time
POSTED ON 4/15/2024
Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible.
Summary:
Executes procurements under the direction of Procurement & Logistics Department management. Interacts professionally with stakeholders and higher-level management.
Roles and Responsibilities:
Solicitation Management Responsibilities:
  • Solicitations assigned to Contract Specialists typically are small to medium sized procurements or select activities within a larger solicitation.
  • Researches and conforms specifications for services, goods, or equipment for Solicitations (Requests for Proposals (RFPs) and Invitations for Bids (IFBs)).
  • Reviews the proposed specifications, contract awards, change orders and amendments including justification memoranda for conformance with applicable regulations and consistency with procurement process of other contract specialists on the team. Coordinates review of IFB and RFP packages by appropriate departments, advises project manager of review results.
  • Conducts bid and proposal processes. Establishes and maintains procurement schedules. Performs prequalification appraisals. Coordinates technical evaluation committees. Distributes bid and proposal packages, and communicates with vendors, contractors and consultants. Tabulates bids and proposals.
  • Reviews, analyzes, and appraises bids and proposals. Performs cost and price analyses. Negotiates scopes of service, direct and indirect costs, fees, and terms and conditions. Prepares Cost Analysis and Negotiation documentation and recommends contract award.
  • Tracks procurements through the Board process to contract award. Prepares Procurement fact sheets for Board Liaison.
  • Coordinates contract approval and execution process.
  • Issues Purchase Orders (POs) against Requisitions in support of procurements or for stand-alone small purchases.
  • Assures that all required documents, representations, and certifications are properly executed and attached to Pos and associated files as required.
Contract Management Responsibilities:
  • Tracks expiration dates of current contracts and updates specifications o re-procure in a timely manner.
  • Review, analyzes, and appraises contract changes, disputes, and claims in accordance with Federal, State and NJ Transit procurement rules and regulations. evaluates entitlement and conducts cost analyses. Negotiates change orders and claims settlements. Assembles and prepares justification documentation and recommends execution of contract amendments.
  • Issues changes to POs against Requisitions in support of changes.
  • Performs contract administration in conformance with FTA and State regulations. Interprets contract terms and conditions, maintains documentation, and coordinates issues with appropriate departments. Monitors contract performance and compliance with terms and conditions. Performs closeout of contracts.
  • Tracks change orders through the Board process to execution.
Systems of Record Responsibilities:
  • Performs all duties within the currently approved systems of record or, where manual processes are employed, properly maintains documents in conformance with document control policies.
Training Responsibilities:
  • Remain current on all required training.
  • Create a development plan for your career.
Other Responsibilities:
  • Tracks and reports on work activities with the end result being professional, transparent, efficient execution of duties.
  • Provides both proactive and prompt responsive customer service to client departments on their procurements.
  • Performs other duties as assigned by Procurement Leadership.
Education, Experience and Qualifications:
  • Bachelors degree and 3 years of related experience.
  • An additional 6 years of experience may stand in for the degree requirement for candidates that demonstrate a track record of performing at a high level in similar roles.
  • A Masters degree may be allowed to replace 1 year of experience.
  • The degree(s) must be in business, Public Administration, Law, Engineering, Economics, IT or related degree area.
Knowledge and Skills:
Contract Specialist
Technology – Must be able to work proficiently in the following Systems of Record: ECMS, Microsoft Office Suite (Outlook, Access Databases, Excel Spreadsheets, Word, PowerPoint, Project, Teams), Adobe, Oracle ERP, Kronos, Bid Express, and other systems in use or under development. Systems may change over time.
Communication – Must be able to understand active listening and have very good written and verbal communication skills required.
Procurement:
  • Must be able to adhere to KPIs.
  • Must be experienced in Contract Writing.
Must understand the regulatory and statutory basis for public procurements.
At NJ Transit you will enjoy a competitive salary and excellent benefits package:
  • Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision
  • Flexible Spending Account
  • Life Insurance
  • Paid Leave
  • 401(a), 401(b), 401(k) Retirement Plans - up to 9% employer contribution
  • Tuition Assistance
  • Commuter Benefits
At NJ TRANSIT we support and depend upon the diversity of our staff. NJ TRANSIT is an Equal Opportunity Employer.

Salary.com Estimation for Contract Specialist in Newark, NJ
$93,052 to $121,812
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